Digital Brand Media and Marketing Group Inc (DBMM)

[VST7]

If they get rid of the Convertible Debt (Toxic debt), get alternate financing that does NOT dilute the stock (The Feb PR stated they have a 6 Month window to get "Friendly Financing" in place), it seems that everyone is under the assumption that what the company refers to as "Friendly Financing" means NON-Convertible Financing, where the company makes Cash Payments on the debt instead of Toxic Finance where the Note holder just goes to the transfer agent and gets Millions of shares to sell, and the shareholders get stuck paying off the debt instead, which always turns into a LOSE/LOSE situation for the company. Not only do Investors stay away in droves, but the Toxic note holder almost always short-sells the stock into oblivion in order to get many times more number of shares issued to them for conversion.

Bottom line;
If they get rid of this Convertible debt, there prob won't be any need to increase the A/S anymore than what it is.